Alexandra Munteanu is a senior attorney at law with Schoenherr Romania. She has developed a broad based corporate/M&A/privatizations practice in various industries ranging from banking, retail, insurance, telecoms to real estate, mining & minerals and water & waste management. Alexandra Munteanu has been actively involved in assisting Romanian and international clients in numerous corporate restructurings and M&A transactions, both on the sell-side and buy-side. She is a member of the Bucharest Bar and a graduate from the Bucharest University and from University of Pennsylvania Law School, The Wharton School, Pennsylvania/USA.
Regulatory approval plays an important role in the transfer of assets or lines of business. In general, where permits are issued in consideration of assets being sold, the transfer will entail a new authorisation procedure to be undertaken by investors. This is also the case for environmental authorisation; however, as local authorities do not consistently deal with the applicability of the various regulations in this regard, mitigating potential hurdles will generally require coordination with the respective authorities involved.